Along side my trend channels and range trading, I like to use this set up for some extra pips and when back tested works very well over most months (Will probably move to only this strategy when I can guarantee consolidation is not taking place) It cuts all emotions out of trading when I use it with the right money management.

Everyone should know that moving averages will indicate direction of price and wether you should be buying or selling with the trend.

STRATEGY: SMA CROSS & BOUNCE
TIMEFRAME: 4H (Will give traders time to enjoy their life and trades can be made simply from mobiles on the go)
CHARTS: USD/JPYGBP/JPY (Works the best because of high volatility )

RULES: SL AND HOW TO PLAY IT
1. SL Placed at bottom/top wick of conformation candle depending on buy/sell
2. Allow price to move in trade direction
3. When price retests MA(20) SL is moved to top/bottom wick of candle
4. repeat until price no longer stays above/below MA(20) and hits SL.

I have given 2 previous example of how this strategy works in the past few weeks, I hope you all enjoy it and would love some feedback and some helpful information to combat consolidation periods.

Current signal for Long order highlighted.

Please use strategy with your own judgement.

Kommentar:
I will also loosely trade this strategy is BB (MA20) is just about to cross MA (50) and the setup appears

Glad you enjoyed it, what trade have you made on CADJPY? Just tried looking for that setup.
USD/JPY is currently working with this strategy (might be worth making a long order as price is only 5 points from my strategy entry) and US data should push it well today